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saturday's "new york times." don from new mexico on the line for independence. you are on a "the washington journal." what do you think about the fiscal cliff and talks being a still make -- stalemate? caller: we need to quit hyperventilating. costco is declaring a $7 dividend on their income this year. what does that mean? it means at the end of this process, the federal government will be bringing in more money to its coffers. the richest one half of 1% of americans will receive 50% of their income from capital gains and dividends. whatever the situation is, at this particular time, the major corporations and the wealthy in this country are taking income and capital gains and dividends. whatever happens, we are going to be bringing more money into the treasury. costco is an example of that. host: a couple of more items. from a facebook this morning at facebook.com/cspan. back to the phones. regina is calling us on the line for democrats. she is calling us from michigan this morning. caller: my comment is, i think we should go over the fiscal cliff and let everybody pay a little bit more i
of capital gains. the capital gains tax will go up 10%. host: john from new mexico. caller: thank you for taking my call. you read my tweet just a little while ago. i want to continue on this theme of the lower capital gains rate. this low capital gains rate is a way the uber rich use to control to give themselves their own tax rate and their own general tax category to there everything in. they can lessen their participation in our democracy. i have investments, too. to only have to pay a 15% rate on that income seems silly to me. i pay normal taxes and normal social security. there is no need to incentivize capital formation these days. host: are you retired? caller: i am still working. host: this is a story from "the wall street journal." host: "families with adult children." how can you take advantage if you're a couple and one spouse earns more than the other? guest: i would not want to delve into that. host: we will move on to jim in north carolina. go ahead, jim. caller: thank you for taking my call. the lowering to the $1 million cap. my wife and i have never made more than $6
: in farmington, new mexico, a republican. smitty. this is if anybody wants to know how much money we waste, we recently had a guy in the northwest that won the lottery and took home $800,000 cash and went to his local food stamp office, told them he had won the money and they said he still qualified for food stamps. these people are nuts. the federal government probably has a very minimum -- and i've worked for government and i've worked in the utility industry, which is almost the same as the government, at least 40% overpaid. too many people working. at least 40% more people than they need to do the job. when these people say they're cutting the budget, they're not cutting a pink. they are cutting the growth in government. if congress does not vote themselves raising any more. they get automatic raises. unless somebody has the go nads to say we need a raise this year. they have not done that since they put that into effect. they don't vote on raises and more. host: your response? guest: i don't agree with all of youro fax ofncts. one can find instances of fraud and waste in the government as
. they can use it to help in their recovery efforts in the most flexible way possible host: new mexico has two air force bases, two national research allowance, and many folks are dependent on federal money for work and assistance programs. for her. -- it will hurt. , democratic caller. caller: explain the logic behind what taxing one of our biggest corporations, which is the religious work -- religious churches and all of that that make $10 trillion a year. and also, how come medicare pays for -- i think it is $1 billion now -- a formula enhancement drugs. that is a pleasure, not a need. -- for male enhancement drugs. that is a pleasure, not a need. host: independent caller, go ahead. caller: i would like to bring up the point that you have brought of the federal portion of the moneys and the money does not go -- come out of nowhere. that is the tax dollars, or has been borrowed, were printed. that money is not without cost. i would like to have your opinion on that. thet: you're referring to state's share that has to match the federal dollars, and yes, it has to come from somewhere. we h
washington post" -- again, this is a front-page story in "to washington post." next up is john in new mexico. john, tell us your story. caller: good morning. i was raised in texas, and my grandfather had a farm. a rite of passage is when a boy turns six or seven, you teach them how to shoot with a .22. we never had more than anything with three bullets in it. we would go out in the woods with two bullets sometimes and we could shoot two deer. that is all we brought. the man had two bullets in a double barrel shotgun. i just do not understand. right now i have a remington bicentennial 742 semi-automatic hunting rifle. it is probably the most beautiful rifle remington ever made. it shoots four. you can put three and the magazine. i have never needed more than one bullet. host: all that said, john, what changes would you support to the current gun laws? caller: we need to do away with all of these big clips. you take any gun and put a big magazine in it, you make it a war gun. who buy these guns and there are so many people buying guns that do not have any business owning a gun. who's to say wh
this if they can find an 18-year-old to go with them. host: we have a call from debbie from new mexico. caller: i'm on the air? host: go ahead. caller: your comments about the medications making them so sullen. i work in a psychiatric facility for juveniles and you're right they stop being suicide al. but instead they become extremely aggressive. aggressive to the point where the courts petition to get them out of the jail because they can't handle them because they're so aggressive. host: let me clarify. is that after they take anti-depressants? caller: yes they do. i work in a sike facility in albuquerque. and we have killers there. and they stop the depression stops but they become -- because of these anti-depress nths that they take. we have one machine in the whole united states that actually measures seratonin. other than that they're being prescribed like m and ms. they all have a fixation with guns. we do have killers in the facility. and this idea that this is the meds are going to make them sullen, no, your information is correct i'm on the front lines working with these kids and no as
of problems he caused, he goes on vacation. and betty is with us from albuquerque, new mexico. democrats line. good morning. caller: good morning and happy holidays. when we discussed the republican party these days, it seems people do not want to talk about the fact that they really are not a viable entity and probably have not been for the last 10 years. bruce bartlett, a gentleman who is a hang wrecking -- high- ranking republican, said it 6 simply. the party has been reduced to stupid people and crazies. that is what john boehner has had a lot of problems. these people have taken over. the american public has come out of this 30-year,. we realize why we are where we're at. we're in this terrible fiscal problem because of policies that originated under bush-cheney in the name of two wars, tinkering with the doughnut hole in medicare, and tax cuts that were given to the wealthy during times of war. unprecedented, never done before in the history of the united states. all of these things combined have gotten us into this fiscal problem. guest: i think you can clearly look, over the years fro
Search Results 0 to 6 of about 7